Posted on
January 30, 2017
by
Ivy Shih
The First Time Home Buyers' Program reduces or eliminates the amount of property transfer tax you pay when you purchase your first home. To qualify for a full exemption, at the time the property is registered you must:
- be a Canadian citizen or permanent resident
- have lived in B.C. for 12 consecutive months immediately before the date you register the property or filed at least 2 income tax returns as a B.C. resident in the last 6 years
- have never owned an interest in a principal residence anywhere in the world at any time
- have never received a first time home buyers' exemption or refund
and the property must:
- be located in B.C.
- only be used as your principal residence
- have a fair market value of:
- $425,000 or less if registered on or before February 18, 2014, or
- $475,000 or less if registered on or after February 19, 2014
- be 0.5 hectares (1.24 acres) or smaller
Posted on
January 24, 2017
by
Ivy Shih
Posted on
January 24, 2017
by
Ivy Shih
Posted on
January 24, 2017
by
Ivy Shih
Posted on
January 24, 2017
by
Ivy Shih
Posted on
January 22, 2017
by
Ivy Shih
Posted on
January 15, 2017
by
Ivy Shih
Richmond Townhouse has out performed detached house in December 2016. It might be a good time to invest in Condos and Townhouses in Richmond now.
Check out the stats here: https://drive.google.com/file/d/0B7YP8yHWKHpod2tJNG0yTkhQelE/view

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